The trading price of Arista Networks Inc (NYSE:ANET) closed higher on Tuesday, July 08, and closing at $103.39, 1.89% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $100.945 and $103.6698. The company’s P/E ratio in the trailing 12-month period was 43.74, while its 5Y monthly beta was 1.379. In examining the 52-week price action we see that the stock hit a 52-week high of $133.57 and a 52-week low of $59.43. Over the past month, the stock has gained 8.63% in value.
Arista Networks Inc, whose market valuation is $129.85 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-May-06. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.65 per share this quarter, however they have predicted annual earnings per share of 2.56 for current year and 2.99 for next year.
Analysts have forecast the company to bring in revenue of 2.11B for the current quarter, with the likely lows of 2.1B and highs of 2.12B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 8.39B.
On the technical side, indicators suggest ANET has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned ANET a recommendation rating is 17. Out of them, 3 rate it a Hold, while 14 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Arista Networks Inc (ANET) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.63, which symbolizes a positive outlook. A quick review shows that ANET’s price is currently 7.25% off the SMA20 and 11.26% off the SMA50. The RSI metric on the 14-day chart is currently showing 61.34, and weekly volatility stands at 3.29%. When measured over the past 30 days, the indicator reaches 3.71%. Arista Networks Inc (NYSE:ANET)’s beta value is currently sitting at 1.36. With analysts defining $115-$115 as the low and high price targets, we arrive at a consensus price target of $115 for the trailing 12-month period. The current price is about -11.23% off the estimated low and -11.23% off the forecast high, based on this estimate. Investors will be thrilled if ANET’s share price rises to $115, which is the median consensus price. At that level, ANET’s share price would be -11.23% below current price.
To see how Arista Networks Inc stock has been performing in comparison to its peers in the industry, here are the numbers: ANET stock’s performance was 1.89% in the latest trading, and -6.46% in the past year. Arista Networks Inc has a P/E ratio of 43.74.
An evaluation of the daily trading volume of Arista Networks Inc (NYSE:ANET) indicates that the 3-month average is 10.48 million. However, this figure has increased over the past 10 days to an average of 9.32.
Currently, records show that 1.26 billion of the company’s shares remain outstanding. The insiders hold 17.87% of outstanding shares, whereas institutions hold 69.08%. The stats also highlight that short interest as of 2025-06-13, stood at 19.73 million shares, resulting in a short ratio of 2.2 at that time. From this, we can conclude that short interest is 191.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were down slightly from the previous month’s figure, which was 24.33 million. However, since the stock’s price has seen 13.17% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
